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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Comment by Silverad0on Apr 08, 2022 11:13am
168 Views
Post# 34587871

RE:RE:NASDAQ here we come!

RE:RE:NASDAQ here we come!No doubt things are heating up on both sides of the border and around the world for that matter.  This only bodes very well for ELBM.  Im not sure how this is going to drive the SP's of the different stocks in this sector overall.  The government money is being thrown around like only Trudeau can do.  But the supply and supporting infrastructure isnt there and not there by a long shot.  So are we going to see a frenzy of investors jumping on board or are things gong to poke along as they are currently? 
When you look at this overhaul of auto manufacturing it will totally change everything.  Demand for copper wire, chargers and electricity in the grid just to mention a few.  I read something this morning talking about charging capacity vs gas stations.  We can charge 14000 vehicles or fuel 500,000 vehicles at any given moment.  
Thoughts?
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